RAYMOND JAMES: Turkish Unit Ceases Operation After Tax Dispute

Raymond James Yatyrym Menkul Kyymetler A. S. (RJY), Raymond James Financial, Inc.’s Turkish affiliate, ceased operations on Dec. 5, 2008 and subsequently filed for protection under Turkish bankruptcy laws, the Company disclosed in its latest quarterly report on Form 10-Q…

RAYMOND JAMES: Appeal on Turkish $6.8Mil Tax Assessment Pending

An appeal by Raymond James Yatyrym Menkul Kyymetler A. S. (RJY), Raymond James Financial, Inc.’s Turkish affiliate, over a US$6.8 million tax assessment, is pending before the Turkish Council of State.

RJY was assessed for the year 2001 about US$6.8 million…